In a heist forty times greater than Madoff, nearly a quarter of all state and local public pension assets have disappeared. Six hundred and sixty billion dollars in state workers’ retirement savings have been taken off the radar-- swept into the highest-cost hedge, private equity, venture and real estate funds ever devised by Wall Street.
In a heist forty times greater than Madoff, nearly a quarter of all state and local public pension assets have disappeared. Six hundred and sixty billion dollars in state workers’ retirement savings have been taken off the radar-- swept into the highest-cost hedge, private equity, venture and real estate funds ever devised by Wall Street.
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